The student said that the theorem had been "disproved". I suspect that Daniel's guess is correct, since that is what I suggested in class. I was just wondering if anyone knew any more.
On Sat, Nov 19, 2005 at 12:36:52PM -0000, Daniel Davies wrote: > utterly improbable. It's the *Theorem* of the second best; viz it is > logically implied by its assumptions. Someone might have shown that one or > other of its assumptions were unrealistic but this is hardly a criticism to > which standard neoclassical economics are immune. > > best > dd > > -----Original Message----- > From: PEN-L list [mailto:[EMAIL PROTECTED] Behalf Of Michael > Perelman > Sent: 18 November 2005 23:44 > To: [email protected] > Subject: theory of the second best > > > One of my students told me that he read that someone disproved the theory of > the 2d best. > Has anybody heard of such a proof? > -- > Michael Perelman > Economics Department > California State University > Chico, CA 95929 > > Tel. 530-898-5321 > E-Mail michael at ecst.csuchico.edu -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu
